MJBizDaily · Page 298

How Trichome Financial acquired and restructured troubled marijuana producer JWC
Jan 8, 2021, 9:00 am By Solomon Israel
A recent acquisition and restructuring deal using Canadian insolvency law demonstrates that even…

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Canopy boosting Ontario presence with nine new Tokyo Smoke stores
Jan 8, 2021, 7:05 am By Solomon Israel
Canopy Growth plans to open nine new cannabis stores in Ontario in January under its Tokyo Smoke…

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Some cannabis growers still counting cost of wildfires, but most say industry dodged a bullet
Jan 8, 2021, 6:30 am By John Schroyer
Although the West Coast wildfire season has been over for months, some marijuana companies are still…

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Montana lawmakers deny money to set up recreational cannabis program
Jan 7, 2021, 5:43 pm By Jeff Smith
Montana lawmakers rejected a $1.35 million budget request to fund the state’s recreational…

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Cannabis producer WeedMD shutters Bowmanville, Ontario, facility
Jan 7, 2021, 2:55 pm By Solomon Israel
Canadian marijuana producer WeedMD is closing a facility in Bowmanville, Ontario, in order to…

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Columbia Care to acquire San Diego marijuana retailer for $15 million
Jan 7, 2021, 1:30 pm By Bart Schaneman
New York-based multistate marijuana operator Columbia Care announced Thursday it struck a deal to…

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Cannabis MSO Curaleaf seeks to raise CA$275 million through share offering
Jan 7, 2021, 12:36 pm By Solomon Israel
Multistate cannabis operator Curaleaf Holdings priced a new offering of 16.5 million subordinate…

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Arkansas opens up medical marijuana processor, transporter licensing
Jan 7, 2021, 10:30 am By Jeff Smith
The steadily growing Arkansas medical marijuana program is offering new business opportunities:…

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Denmark medical cannabis sales post a positive quarter thanks to Epidiolex
Jan 7, 2021, 9:00 am By Alfredo Pascual
Sales of medical marijuana in Denmark posted healthy gains in the third quarter of 2020, coinciding…

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Oregon regulators recall contaminated cannabis extracts, flower
Jan 7, 2021, 9:00 am By Bart Schaneman
Oregon state cannabis regulators are recalling recreational cannabis products for pesticide…

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Texas medical marijuana operators ‘push but not shove’ to expand state’s limited MMJ program
Jan 7, 2021, 6:30 am By Jeff Smith
Texas’ limited medical marijuana program is considered economically unviable for MMJ companies,…

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L.A. marijuana businesses seek hearings over expired city permits
Jan 6, 2021, 5:01 pm By John Schroyer
A small band of the roughly 57 companies whose marijuana business permits expired on New Year’s…

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New York governor presses again for legalizing recreational cannabis
Jan 6, 2021, 3:37 pm By Jeff Smith
New York Gov. Andrew Cuomo said Wednesday he will push for the state to legalize a commercial…

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Biden to tap Merrick Garland for attorney general, offering stark contrast to anti-cannabis AGs under Trump
Jan 6, 2021, 2:04 pm By John Schroyer
President-elect Joe Biden has settled on Merrick Garland as his nominee for U.S. attorney general,…

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CEO compensation at marijuana producer Hexo rises to CA$11 million
Jan 6, 2021, 1:26 pm By Matt Lamers
Total compensation for the top executives at struggling marijuana producer Hexo Corp. grew almost…

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Zenabis, in merger talks, calls out Sundial over alleged takeover attempt
Jan 6, 2021, 12:47 pm By Solomon Israel
Troubled cannabis producer Zenabis Global Inc. says it has entered exclusive merger talks with…

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Maine medical cannabis rules would require track-and-trace for caregivers
Jan 6, 2021, 12:45 pm By Solomon Israel
Proposed rules for Maine’s medical cannabis program would require registered MMJ caregivers to use…

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Federal marijuana reform outlook brightens as Democrats on verge of US Senate control
Jan 6, 2021, 9:43 am By Jeff Smith
Prospects for major federal marijuana reform are poised to take a big step forward now that…

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7 regulatory-related factors for marijuana companies to consider in a debt transaction
Jan 6, 2021, 6:30 am By Bart Schaneman
2020 saw several high-profile debt transactions in the cannabis industry, with major companies…

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Aurora Cannabis co-founder Terry Booth tapped to be CEO of US-based Australis
Jan 5, 2021, 6:00 pm By Matt Lamers
Eleven months after stepping down as CEO of the Canadian marijuana giant he co-founded, former…

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